MOIBF 2017 To Increase Opportunities For Bumiputera Entrepreneurs To Go Global – Awang Adek

KUALA LUMPUR, Oct 9 (Bernama) — The Majlis Amanah Rakyat (MARA) – Organisation for Industrial, Spiritual and Cultural Advancement International (OISCA) Business Forum 2017 (MOIBF 2017) is expected to enhance and increase opportunities and potentials for global participation for Bumiputera entrepreneurs.

MARA Chairman, Datuk Dr Awang Adek Husin, said the forum, which would be held in Kota Kinabalu, Sabah on Nov 14 and 15, 2017, was expected to increase collaborations between Bumiputera and Japanese companies, which were currently worth over RM200 million.

“The positive result of the MOIBF sessions can already be seen and this is expected to increase further, as indicated by the increasing number of participants each time the forum is held.

“The networking between Bumiputera and Japanese companies is important as it enables the entrepreneurs to establish and nurture a network of contacts to enhance their businesses and increase joint-venture investments,” he told reporters on the sidelines of the pre-launch ceremony for the sixth MOIBF event here today.

He said among the attractions at the two-day forum would be talks and discussion sessions conducted by industry experts such as Malaysian Investment Development Authority Chief Executive Officer, Datuk Azman Mahmud; Sabah Economic Development and Investment Authority, Chief Executive Officer Datuk Dr Mohd Yaakub Johari; and SME Corp Bhd Chief Executive Officer Datuk Dr Hafsah Hashim.

He said another focal area was the business-matching sessions during which entrepreneurs from both countries could hold discussions to facilitate business relationships, trade, investments, including to encourage technological partnerships and exchange in latest business solutions.

“MOIBF 2017 would focus on the agro-based, food and beverages (F&B) and tourism sectors.

“We expect the F&B sector to play a prominent role in the forum due to increasing interest in halal products among Japanese entrepreneurs seeking to establish a halal-food supply network in conjunction with the 2020 Olympics which would be held in their country,” Awang Adek said.

Meanwhile, in a joint statement today, MARA and OISCA said their collaborations were established in 2012 with the objective of enhancing technical know-how and entrepreneurship among Bumiputera youths and entrepreneurs in Malaysia.

Through these collaborations, technical and vocational education and training graduates from MARA can enrol for Japanese language classes conducted by the MARA-OISCA Japanese Language Centre at the MARA-Japan Industrial Institute in Beranang, Selangor before furthering their education and practical training in Japan, it said.

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